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Technology Stocks : Wonderware (WNDR)

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To: william busby who wrote (747)12/22/1997 7:33:00 PM
From: John D. White  Read Replies (1) of 954
 
Bill,

option premiums are shrinking and the option volume is way down suggesting little speculation. (The speculators have lost all their money.) Look for a bottom soon or at least a base formation. I am looking to buy (more) soon. (I did buy 1000 Friday.)

As always, I would not buy many out of the money calls though - too risky. The stock and the market could take months to base. On the other hand, a good earnings report a decent January (in the market) and it will shoot back up to 18 in a heartbeat. It's guts and glory time.

<off subject> I just figured out that "adroit" is a real word and not just a problem with your browser/editor. Does anyone know why your responses do not fill the screen?
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